Solana-based Crypto Card Infrastructure Rain Hacked, AVICI Token Plummets 49%

Rain, a Solana-based crypto debit card infrastructure, suffered a hack due to a vulnerability in an outdated contract, resulting in the theft of approximately $1.1 million. The incident caused the token of crypto bank Avici, AVICI, to drop 49% from a 24-hour high of $0.43 to a record low of $0.217 before partially recovering. Avici confirmed that only card funding contracts were affected, while self-custody wallets remained secure, and pledged full reimbursement. The hack impacted 1,685 Avici users with losses of $500,800 and 636 Tria users with losses exce